2023-07-14 01:29:57 ET
- Cogeco Communications press release ( OTCPK:CGEAF ): Q3 GAAP EPS of C$2.34.
- Revenue of C$741.8 million (+1.9% Y/Y).
- Adjusted EBITDA increased by 1.1% to reach C$351.3 million.
- Net capital expenditures, which account for network expansion subsidies, were C$169.8 million, a decrease of 6.8%, compared to C$182.2 million in the same period of the prior year.
- Free cash flow, excluding network expansion projects decreased by 5.0%, or 5.4% in constant currency, and amounted to C$136.3 million.
- Cash flows from operating activities decreased by 19.4% to reach C$284.4 million, driven by a net inflow in non-cash operating activities.
For further details see:
Cogeco Communications GAAP EPS of C$2.34, revenue of C$741.8M